SEC Form 4 · accession 0001311370-16-000101
Lazard, Inc. · LAZ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alexander F. Stern
Officer — Chief Operating Officer
Period of report
Aug 19, 2016
Accepted (ET)
Aug 23, 2016 · 6:46 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001311370
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F4,F2,F3 | — | Aug 19, 2016 | A | 3,074 | A | — | — | Class A Common Stock | 3,074 | 27,678 | D |
Explanation of responses
- F1Additional Restricted Stock Units ("RSUs") were acquired pursuant to the dividend equivalent reinvestment provisions of underlying Performance-based Restricted Stock Unit ("PRSU") awards.
- F2Each RSU represents a contingent right to receive one share of Class A Common Stock.
- F3Of these RSUs, 841 will vest on or around March 1, 2017, 879 will vest on or around March 1, 2018, and 1,354 will vest on or around March 1, 2019.
- F4Amount excludes 114,199 shares of Class A Common Stock and 55,643 PRSUs beneficially owned by the reporting person.